Analyzing Geothermal Power in North & South America By Aruvian's R'search

1. Analyzing Geothermal Power in North & South
America
Aruvian's R'search
Report Highlight

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3. The geothermal power market in North & South America is expected to rise at a steady rate in the
coming times. While, the United States has been a dominating force in the global geothermal
industry, Central America also has huge potential for geothermal power generation. However, only
a few Central American countries, such as Mexico, El Salvador, Costa Rica, Nicaragua and
Guatemala, are currently harnessing geothermal power. With increasing emphasis on renewable
sources for power generation around the world and focus on gaining energy independence, many
of these countries have started projects to develop geothermal resources. In addition, many other
countries not producing geothermal power are also investing in the development of geothermal
resources.
However, the cost of generating power from geothermal energy is quite high as for different
sources of geothermal energy, different power generating technologies are required. Moreover, no
two geothermal sites are exactly alike, thus creating the need for energy conversion systems, which
can be adapted to suit the particular site. Furthermore, the technology required for a particular
type of site is dependent on the temperature and state of aggregation of the water that is used to
extract the heat from the rock. The technologies used for geothermal energy are broadly classified
into two categories: conventional steam turbine technology and binary cycle plant technology. The
huge untapped potential of geothermal energy provides a great opportunity for government
authorities, power generating companies and other players to invest in this sector and meet the
growing energy demand. Geothermal power generation has a supreme advantage over other
renewable energy sources of a higher capacity factor comparable to fossil fuel plants.

4. View This Report
The report is a comprehensive coverage of the geothermal industry in many countries in both
North and South America, such as the US, Mexico, El Salvador, Costa Rica, Nicaragua, and
Guatemala.
The report begins with an introduction to geothermal power. We analyze the utilization of
geothermal energy, the grading of geothermal resources, technologies used in geothermal power
generation, emerging technologies, amongst others.
Since geothermal power is a renewable resource, we analyze the global renewable energy
industry as well in the report. We look at the industry overview, power generated from renewable
energy resources, increase in the renewable power capacity, etc. We also analyze the renewable
power industry in North & South America.
Moving on to the analysis of the geothermal power market in North & South America, we first
analyze the global geothermal power industry through power generated from geothermal
resources worldwide and global geothermal power installed capacity. We further look at the
factors impacting the global geothermal power industry such as growth drivers and challenges
facing the global geothermal industry.
A cost analysis of geothermal power in included in the report. We analyze the capital cost of
geothermal power and the operation & maintenance cost as well.

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